An Echelon Media Company
Thursday April 18th, 2024

Sri Lanka's CODEGEN to set up Port City company

CODEGEN Innovations will invest 500,000 US dollars, earn 15 million dollars within 5 years and create 400 jobs.

March 26, 2024 1 min read

Sri Lanka to sign "sister district" deal with China’s Chongqing for investments

Sri Lanka to start sister district concept in Kalutara as a model project

March 20, 2024 2 min read

India's BAL Investment interested in land around aragalaya site

An acre of land at Baladaksha Mawatha was requested for a joint development project by Bal Investments

February 22, 2024 1 min read

Sri Lanka can boost passport strength, draw investors: consultancy 

Sri Lanka needs to sign more visa free agreements, have citizenship and residency programs to strengthen passport.

February 14, 2024 4 min read
Sri Lanka trade minister seeks to increase South Korea FDI, exports

Minister met Ambassador of the Korean Government Miyon Lee to discuss investment and increasing exports.

Sri Lanka President invites Indian firms to privatization

Wickremesinghe has invited Indian firms to invest in state enterprises being re-structured

Sri Lanka president, business community seek FDI and PPP in Switzerland

Opportunities for investments in energy, agriculture, tourism, IT and infrastructure through public-private partnerships

January 17, 2024 2 min read

Sri Lanka to slash red tape for film tourism

Tourism Promotion Bureau will get fast approval for foreign producers who want to use island as a location

January 12, 2024 1 min read

Sri Lanka UDA to finalise investment for 22 development projects

Another 5 projects are in clearance.

Nethmi Rajawasam
January 11, 2024 2 min read

Sri Lanka UDA hopes to earn Rs21bn from land sales over three years: report

The land is available for under long-term lease for public private partnerships.

Nethmi Rajawasam
January 9, 2024 1 min read

UAE investors express interest in Sri Lanka’s energy, tourism, ports, real estate: Ali Sabry

Sri Lanka embassy to facilitate a higher level UAE business delegation visit to Sri Lanka

Shihar Aneez
December 3, 2023 1 min read

Sri Lanka's BOI attracted increased FDI, particularly in energy: Minister

"The BOI has approved several new projects that will lead the country's energy sector in a new direction."

November 27, 2023 1 min read

Sri Lanka govt has taken over Krrish project, in search of new investor: Minister

Indian investor was originally expected to complete the project in 2016

Shihar Aneez
October 26, 2023 3 min read

Sri Lanka President, China’s BYD talks EV assembly, electric rail 

The dialogue on electrification of Sri Lanka’s transport systems, electric vehicle assembly and electric train service...

Nethmi Rajawasam
October 20, 2023 1 min read

Sri Lanka eco-clearance may not come to dig 10m for mineral sands: Minister

Though mining permits have been given to three firms, unlikely that permission will be given to dig deeper than 4.2m

October 19, 2023 1 min read

Sri Lanka president invites Chinese investors

Sri Lanka's president asks Chinese entrepreneurs to view Sri Lanka as strategic hub for emerging green, digital ventures

October 17, 2023 1 min read
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Sri Lanka analyzing financial capabilities of mining applicants – Minister

Sri Lanka earns $30 million annually from mineral exports - BOI data

October 16, 2023 2 min read

Chinese firm resumes talks over Hambantota investment zone – Minister

Sri Lanka has promised China to provide 15,000 acre investment zone in Hambantota

Shihar Aneez
October 16, 2023 2 min read

Sri Lanka slashes 2023 FDI target to $1 bln; hopes on metal, refinery plants to help

Sinopec has greater chance to win Hambantota oil refinery bid - officials

Shihar Aneez
October 15, 2023 3 min read

Sri Lanka has to spend more on research, build links with business 

Only 0.1 percent of Sri Lanka’s GDP goes to innovations: official

Nethmi Rajawasam
October 14, 2023 2 min read

Sri Lanka Investment Minister comments on ex-British PM promoting Chinese Port City

A former US envoy has warned of unintended consequences of 'nefarious actors' misusing Port City

October 13, 2023 2 min read

Sri Lanka’s Chinese-built Port City attracts $1.6 bln from 17 investors – Minister

Port City is yet to see significant investments

October 13, 2023 2 min read

Sri Lanka talks engaging diaspora with Commonwealth Sec-Gen

This dialogue seeks to foster connections and collaborations with Sri Lanka’s global diaspora for mutual benefit

Apsara Rodrigo
September 25, 2023 2 min read

Sri Lanka BoI looks at rejected but reusable materials

The CEA tied up with BoI to increase the collection of reusable or recyclable materials produced as factory byproducts

Apsara Rodrigo
September 25, 2023 2 min read

Sri Lanka business roundtable in NY to attract investment

Business meeting in New York saw participation from 40 US businesses keen on exploring investment and trade in SL

September 19, 2023 1 min read

Sri Lanka online businesses to register on QR code system

The government is unable to acquire any revenue from “large-scale online businesses” operating in the country

Nethmi Rajawasam
September 14, 2023 1 min read
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